Card Factory scrambling to raise rescue cash

Card Factory scrambling to raise rescue cash after sales were hammered by third lockdown By Daily Mail City & Finance Reporter Published: 21:50 GMT, 7 March 2021 | Updated: 21:50 GMT, 7 March 2021 Card Factory is scrambling to raise rescue cash after sales were hammered by the third lockdown, according to reports.  The retailer … Read more

Council tax will raise an extra £7.5bn a year after Rishi Sunak move

Council tax is on track to raise an extra £7.5billion a year after Rishi Sunak gave town halls permission to put bills up by 5 per cent. The government’s watchdog has estimated that the levy bring in another £1.8billion next month, suggesting two thirds of authorities will take advantage of the new freedom. And by … Read more

Council tax will raise an extra £7.5bn a year after Rishi Sunak move

Council tax is on track to raise an extra £7.5billion a year after Rishi Sunak gave town halls permission to put bills up by 5 per cent. The government’s watchdog has estimated that the levy bring in another £1.8billion next month, suggesting two thirds of authorities will take advantage of the new freedom. And by … Read more

Rishi Sunak to raise income tax, corporation tax and place levy on online deliveries after Covid

Rishi Sunak could launch a tax raid on online businesses – including a green tax on deliveries – as part of plans to replenish the country’s coffers in the wake of the Covid pandemic. The Chancellor is reportedly looking to ‘level up the playing field’ between online and high street businesses as part of a series … Read more

UK Budget: Rishi Sunak ‘set to raise corporation tax’ on 3 March

Rishi Sunak ‘is set to hike corporation tax and hand self-employed £2,500 a month in Covid grants’ at Budget as furlough is extended Chancellor Rishi Sunak will deliver his latest Budget on March 3 next week The Chancellor is said to be considering hiking corporation tax to 25 per cent Meanwhile, £7,500 grants for self-employed … Read more

How Rishi Sunak can raise revenues without wrecking the Covid recovery

Rishi Sunak’s £400bn balancing act: With the Budget fast approaching, here’s how the Chancellor can raise revenues without wrecking the Covid recovery By Douglas Mcwilliams Founder Of The Centre For Economic And Business Research Published: 22:06 GMT, 17 February 2021 | Updated: 22:06 GMT, 17 February 2021 The last new tax proposed by an economist … Read more

DAVID DAVIS: Rishi must NOT raise taxes. He should be bold and CUT them like Reagan 

The mutterings that keep emerging from the Treasury about increasing taxes to balance the books are economically incomprehensible. Such action would not only be wrong, it would be completely counter-productive. We Tories must be honest with ourselves and with the public: There is no way we can balance the costs of the crisis in the … Read more

VCTs raise more than £30m in one week as investors rush to tax-efficient investments

As is usual at tax year-end, investors are rushing to venture capital trusts to invest in some of the UK’s best up-and-coming businesses. The total amount raised by VCTs this tax year so far stands at £360million, a 1.2 per cent increase compared to this point last year, and that’s despite the backdrop of Covid-19. … Read more

Amte Power seeks listing to raise funds for battery cell tech development

Amte Power seeks stock market listing to finance development of battery cell tech for use in cars and the energy industry Thurso-based Amte Power has said it would like to raise around £7million Amte Power is one of the UK’s only five commercial battery cell producers  Ultra High Power, Ultra Safe and Ultra Prime are … Read more

Boris Johnson considers carbon tax that would raise meat prices

Families are facing a tax on their lifestyles as Boris Johnson ponders new carbon taxes and charges for Britain that would see higher prices on meat and cheese at the supermarket and on gas for their hobs and boilers at home. The Prime Minister has ordered Whitehall departments to look at how much greenhouse gas emissions … Read more